MicroStrategy shares rose 477% during the year, second only to AppLovin among U.S. technology companies with a market capitalization of more than $5 billion
According to online reports, according to FactSet data, MicroStrategy's share price has risen 477% from the beginning of 2024 to the close of last Friday, December 20, ranking second only to AppLovin among all U.S. technology companies with a market value of more than $5 billion. Previously, the company's share price rose 346% in 2023. On Monday, MicroStrategy said in a filing that in the past week, the company has acquired 5,262 more bitcoins for approximately $561 million, with each bitcoin priced at $106,662. This brings the company's total holdings to 444,262 bitcoins.
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